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What’s behind McCormick’s ~19% Sales Growth in Fiscal Q2?

Adrian Stevens
What’s behind McCormick’s ~19% Sales Growth in Fiscal Q2?

McCormick (MKC) posted net sales of $1.3 billion in the fiscal second quarter, which came in ahead of analysts’ expectations and soared 19.1% on a YoY (year-over-year) basis. Strong sales form its acquired brands, continued strength in its base business, and new products supported the company’s second-quarter sales.